Question 7
-
In this question, candidates were required to prepare:
(a)Profit and Loss Account;
(b)Profit and Loss Appropriation Account;
(c) Balance Sheet.
In this question, candidates were required to prepare:
(a)Profit and Loss Account;
(b)Profit and Loss Appropriation Account;
(c) Balance Sheet
Comment
Most candidates attempted this question and the performance was good. Candidates’ performance portrays a good understanding of the topic as reasonable marks were gained by candidates.